un-Tax Home Loan

When we do multiple tax consultancy, we often come across statements we call- Finance Blunders.

Imagine spending $100 to save $30.

One such statement came across me once, which is wrong from so many perspectives which I mentioned in the article.

Problem Statement- "If I take a home loan, then I have to pay only 18% p.a. as Interest, in lieu of saving taxes at 30%"

Challenge Statement - To put forth a few correct perspective in easy language, since most people coming for tax consultations are unaware about jargons and technicalities.

Platform- LinkedIn Post

 

 

13 Feb 2023

Keywords
Tax
Finance

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